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Investcorp, the Bahrain-listed investment group with $10bn (â¬7.8bn) of assets under management, plans to build its European market presence by selling shares on the London Stock Exchange.

The firm is considering a plan to raise capital and boost its profile in Europe by selling Global Depositary Receipts on the London exchange, it said in a statement today.

GDRs are a type of security that allow investors to hold shares in the equity of foreign companies that are already publicly-listed on other exchanges.

It is the latest example of a capital-rich Gulf-based investment group looking to target European growth, and provides further evidence that investment companies are increasingly trying to tap into additional sources of funding.

Investcorp said the listing would help it to raise capital and provide liquidity for new and existing investors. It would also "enhance the firm’s credibility and brand awareness" in Europe.

The firm was unavailable for comment on how much capital it was hoping to raise, or when the issue would take place.

Investcorp manages over $10bn of alternative assets across four sectors: private equity, venture capital, real estate and hedge funds. It returned $1.4bn to investors earlier this year following a string of realisations by its private equity arm. Exits since then have included the recent €1bn ($1.3bn) sale of Swedish bedmaker Hilding Anders to buyout firm Candover.